Top 51+ IT Service & Product Companies in Toronto, ON 2022

The New York Times recently reported that Toronto is North America’s third-largest technology hub. More tech professionals reside here than in Chicago, Los Angeles, Seattle, and Washington.

If you want to know which are the top best IT companies in Toronto in 2022, then you have come to the right place. In this blog post, you will see the list of Top Consulting and Managed IT Companies in Toronto, Canada.

Research claims that in 2021, 85% or more of Canadian enterprises were utilizing IT.

If you also want to start your software career in Toronto so without further ado, let’s see about the Top IT or Software services & product-based Firms in Toronto.

Top IT Product & Services Companies in Toronto, Ontario

The best IT companies in Toronto are listed here after extensive study and analysis.

1. Amazon

Amazon is an American multinational company that offers a wide range of services like e-commerce, cloud computing, online advertising, digital streaming, and artificial intelligence.

Founded 1994
Revenue $469.822 Billion
Employees 1.5 Million
Address 40 King St W 47th floor, Toronto, ON M5H 4A9, Canada

Jeff Bezos established Amazon in his Bellevue, Washington, garage on July 5, 1994. Along with Alphabet, Apple, Microsoft, and Meta, it is one of the Big Five American technological firms.

Amazon announced revenue of $469.822 billion in 2021. It employs more than 1.5 million people worldwide. With a 9.8% ownership in Amazon, Jeff Bezos is one of the richest people on the planet.

2. Apple

Apple inc. is a multinational technology company that offers a wide range of products and services like Mac, iPhone, iPad, Software, Wearables, Home and Accessories,  Apple Books, Apple Fitness+, Apple Music, etc.

Founded 1976
Revenue $365.82 Billion 
Employees 154,000
Address 220 Yonge St, Toronto, ON M5B 2H1, Canada

In order to create and market Steve Wozniak’s Apple I personal computer, Steve Jobs, Ronald Wayne, and Ronald Wozniak incorporated Apple as Apple Computer Company on April 1, 1976.

As of June 2022, Apple was the largest corporation in the world by market capitalization, the fourth-largest vendor of personal computers by unit sales, and the second-largest producer of mobile phones. 

3. Google

Google is an American-based multinational technology company that provides various services and products like search engine technology, online advertising, cloud computing, computer software, quantum computing, e-commerce, artificial intelligence, and consumer electronics.

Founded 1998
Revenue $278.13  Billion
Employees 139,995
Address 111 Richmond St W, Toronto, ON M5H 2G4, Canada

Due to its market dominance, data collection, and technological advantages in the area of artificial intelligence, it has been referred to as the “most powerful firm in the world” and one of the most valuable brands in the world.

During their time as Ph.D. candidates at Stanford University in California on September 4, 1998, Larry Page and Sergey Brin launched Google. About 14% of its publicly traded shares are owned by them collectively.

4. Dell

Dell is a multinational technology company that offers a wide range of products and services including personal computers (PCs), servers, data storage devices, network switches, software, computer peripherals, HDTVs, cameras, printers, and electronics built by another manufacturer.

Founded 1984
Revenue $101.6 Billion
Employees 165,000
Address 155 Gordon Baker Rd #501, North York, ON M2H 3N5, Canada

On February 1st, 1984, Michael Dell established the business. The corporation employs around 165,000 people and it has generated a revenue of $101.6 Billion.

Dell’s manufacturing process includes assembly, software installation, functional testing (including “burn-in”), and quality control. The company serves more than 500 internal clients globally and has had a measurable impact of more than $500 million.

5. Cisco

Cisco is a multinational technology company that manufactures and sells a wide range of products including networking hardware, software, telecommunications equipment, and other high-technology services and products.

Founded 1984
Revenue  $51.56 Billion
Employees  83,300
Address  88 Queens Quay W #2900, Toronto, ON M5J 0B8, Canada

In December 1984, Leonard Bosack and Sandy Lerner established Cisco Systems. In 2022, the corporation made $51.56 billion in revenue. More than 83,300 individuals work for them.

The company invented the idea of connecting remote computers via a multiprotocol router system using a local area network (LAN). Cisco’s market value was over $267 billion as of December 2021.

6. SAP

SAP is a multibillion-dollar software company that provides various IT-related services including Enterprise Resource Planning, Supply Chain Management, Financial Management, CRM and Customer Experience, Business Technology Platforms, etc.

Founded 1972
Revenue $27.49 Billion 
Employees 107,415
Address 222 Bay St. Suite-2000, Toronto, ON M5K 1B7, Canada

Dietmar Hopp, Hans-Werner Hector Hasso Plattner, Klaus Tschira, and Claus Wellenreuther formed the company in 1972. $27.49 billion in revenue has been earned by SAP.

SAP has contributed several million dollars to the Global Fund and the Product Red campaign, among other global health initiatives.

7. Cognizant Technology Solutions

Cognizant Technology Solutions is an American software company that provides various services like Application Services & Modernization, Artificial Intelligence, Business Process Services, Cloud Solutions, Core Modernization, Digital Experience, Digital Strategy, etc.

Cognizant Technology Solutions
Founded 1994
Revenue $18.65 Billion
Employees 341,000
Address 5140 Yonge St 7th Floor, North York, ON M2N 6L7, Canada

The business was founded in 1994 in Chennai, India, by Francisco D’Souza and Kumar Mahadeva. They had $18.5 billion in revenue last year and more than 341,300 people all over the world.

The vertical and horizontal divisions of Cognizant are both many. The vertical units concentrate on particular sectors, including manufacturing, retail, banking, financial services, insurance, and healthcare.

8. Microsoft 

Microsoft Corporation is a multinational technology company that offers computer software, consumer electronics, personal computers, and related services.

Founded 1975
Revenue $198.3 billion
Employees 221,000
Address Dominion Centre, 222 Bay St. #1201, Toronto, ON M5K 1E7, Canada

The Microsoft Office package, the Internet Explorer and Edge web browsers, and the Windows range of operating systems are some of its best-known software offerings.

On April 4, 1975, Paul Allen and Bill Gates established Microsoft. $198.3 billion in sales was produced by the corporation in 2022. The largest American companies by total revenue according to the 2020 Fortune 500 rankings place Microsoft at No. 21.

9. Intel

Intel is a multinational technology company and it is the world’s largest semiconductor chip manufacturer by revenue. It offers a wide range of products including Central processing units, Microprocessors Integrated graphics processing units (iGPU), Systems-on-chip (SoCs), Motherboard chipsets, etc.

Founded 1968
Revenue $79.02 billion
Employees 121,100
Address 150 Bloor St W, Toronto, ON M5S 2X9, Canada

Manufacturers of computer hardware including Acer, Lenovo, HP, and Dell rely on Intel for their microprocessor needs. Along with motherboard chipsets, network interface controllers and integrated circuits, flash memory, graphics chips, embedded processors, and other computing and communications-related products, Intel also makes them.

On open platforms based on standards like Linux, Android, and others, businesses are constructing their networks, systems, and solutions all over the world. This movement has been facilitated by Intel’s historic leadership in creating standards that are used by businesses all across the world.

10. IBM

The International Business Machines Corporation (IBM) is an American multibillion-dollar company that offers a wide range of services like cloud computing, artificial intelligence, commerce, data, and analytics, the Internet of things (IoT), IT infrastructure, mobile, digital workplace, and cybersecurity.

Founded 1911
Revenue $57.35 Billion
Employees 282,000
Address 120 Bloor St E, Toronto, ON M4W 1B7, Canada

In addition to creating and selling computer hardware, software, and middleware, IBM also offers hosting and consulting services in fields including nanotechnology and mainframe computers.

In 1911, Charles Ranlett Flint and Thomas J. Watson, Sr. formed the business. More than 282,000 people work for IBM worldwide.

11. Oracle 

Oracle Corporation is a multinational technology company that sells database software and technology (particularly its own brands), cloud-engineered systems, and enterprise software products, such as enterprise resource planning (ERP) software, human capital management (HCM) software, etc.

Founded 1977
Revenue $42.44 Billion
Employees 143,000 
Address 277 Front St W, Toronto, ON M5V 2X4, Canada

On June 16, 1977, Larry Ellison, Bob Miner, and Ed Oates established the business. In 2022, it brought in $42.44 billion in revenue.

Officially known as Oracle but frequently referred to as Oracle Corporation, Oracle Systems Corporation changed its name to Oracle Corporation in 1995. Oracle Corporation is the name of the holding business.

12. Salesforce

Salesforce is a cloud-based software company that offers a wide range of services like customer relationship management, customer service, marketing automation, analytics, and application development.

Founded 1999
Revenue $26.49 Billion
Employees 73,542
Address 10 Bay St. #400, Toronto, ON M5J 2R8, Canada

Marc Benioff, Parker Harris, Dave Moellenhoff, and Frank Dominguez established Salesforce on February 3, 1999. The corporation employs more than 73,542 people.

The dot-com bubble burst at the beginning of the new century had a significant impact on Salesforce, which had to lay off 20% of its workers. Despite its setbacks, Salesforce remained successful in the early 2000s.

13. TCS

Tata Consultancy Services (TCS) is an Indian multinational information technology company that provides various services like Analytics and Insights, Blockchain, Cognitive Business Operations, Cyber Security, Enterprise Applications, Quality Engineering, Automation & AI, Cloud, Consulting, IoT & Digital Engineering, etc.

Founded 1968
Revenue $25 Billion
Employees 600,000
Address 400 University Ave 25th Floor, Toronto, ON M5G 1S5, Canada

It operates in 150 locations throughout 46 countries as a part of the Tata Group. According to a report from July 2022, TCS employed more than 600,000 people worldwide.

By market capitalization, TCS is the second-largest Indian firm, and it ranks among the most valuable IT service brands globally. it has generated revenue of $25 billion in 2022

14. Capgemini

Capgemini is one of the biggest IT companies that offer various services like Cloud, Customer first, Cybersecurity, Data and artificial intelligence, Enterprise management, Intelligent Industry, and Sustainability.

Founded 1967
Revenue $20.50 Billion
Employees 340,700
Address 400 University Ave 25th Floor, Toronto, ON M5G 1S5, Canada

Serge Kampf established Capgemini in 1967 as a business management and data processing firm. It has about 340,700 employees and $20.50 billion in reported revenue.

The name was shortened to Cap Gemini in 1996, and the company unveiled a new group logo. Operational firms all across the world changed their names to Cap Gemini.

15. Infosys

Infosys is an Indian-based technology company that offers a wide range of services like business consulting, information technology, and outsourcing.

Founded 1981
Revenue $16 Billion
Employees 276,319
Address 5800 Explorer Dr. Suite 300, Mississauga, ON L4W 5K9, Canada

The Forbes Global 2000 list placed Infosys as the 602nd largest public business in the world and the second-largest Indian IT company by 2020 revenue figures, behind only Tata Consultancy Services.

On July 2, 1981, Ashok Arora, N. R. Narayana Murthy, Nandan Nilekani S. Gopalakrishnan, S. D. Shibulal, K. Dinesh, and N. S. Raghavan started Infosys. $16 billion in revenue was reported for 2022.

16. Automatic Data Processing, Inc. (ADP) 

Automatic Data Processing, Inc. (ADP) is a software company that offers a wide range of services including Payroll, Time & Attendance, Talent, Benefits & Insurance, HR Services, HR Outsourcing & PEO, Compliance Services, Integrations, App Marketplace, etc.

Founded 1949
Revenue $14.59 Billion
Employees 58,000 
Address 129 Spadina Ave., Toronto, ON M5T 2C8, Canada

In 1949, Henry Taub launched the business. It has more than 58,000 employees worldwide and made $14.59 billion in revenue.

ADP handled paychecks for more than 20% of the American workforce and starting in 1985, its annual revenues reached $1 billion.

17. Wipro

Wipro is an Indian-based multinational IT company that offers services including Applications, Artificial & Augmented Intelligence, Business Processes, Business Solutions, Cloud, Consulting, Cybersecurity, Data & Analytics, Design & Experience, Digital Marketing & Interaction, etc.

Founded 1945
Revenue $10 billion
Employees 231,671 
Address 5090 Explorer Drive, Suite 800/803 Mississauga, ON L4W 4T9

On December 29, 1945, Muhammad Hashim Premji founded the business. It has a workforce of more than 231,671 people and $10 billion in annual revenue.

Wipro has made a commitment to reaching Net Zero emissions by 2040, with a baseline target of cutting emissions by 55% by 2030.

18. AMD

Advanced Micro Devices, Inc. (AMD) is an American-based semiconductor manufacturing company that offers a wide range of products & services including adaptive processors, combining CPUs, GPUs, FPGAs, Adaptive SoCs, and deep software expertise to enable leadership computing platforms for cloud, edge and end devices.

Founded 1960
Revenue $16.43 Billion
Employees 15,500
Address 1 Commerce Valley Dr E, Thornhill, ON L3T 7X6, Canada

According to the Semiconductor Industry Association, semiconductor sales in 2021 increased by 26.2% to a record $555.9 billion, with $192.5 billion of those sales occurring in China.

When the manufacture of semiconductor devices became a profitable industry, it was founded around 1960. Since then, the annual semiconductor sales income for the sector has increased to about $481 billion as of 2018.

19. Qualcomm

Qualcomm is a multibillion-dollar technology company that creates semiconductors, software, and services related to wireless technology. It is the owner of patents that are essential to the mobile communications protocols for 5G, 4G, CDMA2000, TD-SCDMA, and WCDMA.

Founded 1985
Revenue $33.57 Billion 
Employees 45,000 
Address 144 Front St W Suite 385, Toronto, ON M5J 2L7, Canada

Qualcomm has grown over the years to market semiconductor products with a predominately fabless manufacturing strategy. For automobiles, watches, computers, wi-fi, smartphones, and other gadgets, it also created semiconductor components or software.

According to Fortune Magazine, Qualcomm has been working on three technologies for upcoming 5G standards: radios, expanding spectrum ranges, and a set of services for Internet of Things applications.

20. Meta 

Meta Platforms, Inc. formerly named Facebook, Inc is an American-based technology company that owns  Facebook, Instagram, and WhatsApp, among other products and services. 

Founded 2004
Revenue $117.929 Billion
Employees 83,553 
Address 460 Richmond St W #701, Toronto, ON M5V 1Y1, Canada

Facebook, Messenger, Facebook Watch, and Meta Portal are some of Meta’s goods and services. In addition, it owns 9.99% of Jio Platforms and has bought Oculus, Giphy, Mapillary, Kustomer, and Presize.

With about $86 billion in sales, Facebook came in at number 34 on the 2020 Fortune 500 ranking of the largest American firms. The majority comes from advertising.

Below is a list of more IT service and product-based companies in Toronto from whom you might pick to launch a career in the information technology sector.

Sr. No.Company NameWebsite
24Tech Mahindra
25HCL Tech
29DXC Technology
43EPAM Systems

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If you are a fresher looking for an IT job in Toronto, you can apply at any of the Top 50 Best IT Companies in Toronto listed above. These businesses have all experienced rapid growth.

We sincerely hope that after reading this blog article, you were able to readily find the answers to all of your queries. Please tell your friends about this information if you liked it.


Q: Top 10 IT Companies in Toronto?

Ans: Below is the list of Top 10 IT companies in Toronto:
1) Amazon
2) Apple
3) Google
4) Dell
5) Microsoft
6) Cisco
7) SAP
8) Intel
9) IBM
10) Oracle

Q: What are top paying IT companies in Toronto?

Ans: Apple and Google are top paying IT companies in Toronto.

Q: Indian IT companies in Toronto

Ans: Below is the list of Indian IT companies in Toronto:
1) TCS
2) Wipro
3) Infosys
4) HCL